Los Angeles City Employees’ Retirement System hired Marvin & Palmer and TT International to run $100 million each in active EAFE core equities. The $7.7 billion system will fund the allocations from cash.
Also, the system’s board this week will consider a proposed real estate strategic and investment plan. It also is expected to decide whether to renew Thomson Horstmann & Bryant’s contract to manage a $350 million domestic small-cap value equity portfolio.
